Stock trading is an extremely risky game. On certain days, you might be reaping the benefits of positive and satisfying numbers. On other days, however you may experience the opposite and it can be extremely difficult to return to the point you were at your most productive. If you find yourself constantly stuck in the gutter it is important be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve been incurring occasional losses You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the globe. That’s why we’ve discovered an option that can help you in your improvement in the market. This review will take an in-depth look at Profit.ly, a well-recognized one-stop social platform for trading!
For those of you who prefer a more visual experience, here is a video review from Mark Gossage’s YouTube channel. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Profitly Robin Hood
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of all levels to be informative, transparent, accountable, and uplifting with each other through its broad variety of tools and features such as trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for those who are starting out and also as a platform for traders with experience to keep track of their performance through the use of sophisticated analytics tools. Providing users with a wide array of options for communication and trade and letting traders from every field of business connect with one another. It gives the gurus worthwhile investments within the confines of the platform. Think of it as an online social media platform similar to Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it makes sure that trades are valid and won’t accept fake news as long as it is possible. It was founded years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes magazine, Sykes declared that Profit.ly was based “on showing all trades, something that was never prior to.” This idea was, he said, serving two goals: 1.) making public records for not just the gurus as well as newsletter authors and students as well as) allowing all users to gain insight into both the wins and losses to benefit the industry of trading. Profitly Robin Hood
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of services and features geared towards achieving achievement. You may set up an account there for free, but you’re limited to access to the leaderboard and observe the activities of people who aren’t gurus. If you’re ready to invest your money to see what stocks the experts are trading in real time You’ll need to join one of Profit.ly’s deals, which we will review in the coming days.
The process of opening an account is simple: Create an account with your experience and expertise, connect your brokerage account, and you’ll be given the chance to climb your way up to at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users a glimpse of their performance as a trading group as well as its experts. You’re not just allowed to demonstrate value to a large group of traders, but you can also utilize Profit.ly to shop from a guru with the confidence that you are confident in their skills and the credibility of their claims.
If you feel uneasy with the idea of divulging the details of your broker account then you could choose to publish your trades, whether verified or not, by taking photographs. In Profit.ly is the huge selection of trading courses and the capability to see the stats of a trader’s account, and more ways to interact with your experts via chatrooms in addition to text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for under $5 for each share. Penny stock trading is a stepping stone for small companies to move into a larger market because it gives them access to funds from the general public. But don’t be mistaken – it can also be an extremely risky game, as Sykes will be able to tell you because of his decades of expertise.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, earned over $6 million of earnings during his long and successful career as trader. At the age of 25 Tim Sykes had received more exposure and a wider impact when he became part of the reality TV show “Wall Street Warriors.” He then used the opportunity to create trading rooms and penny stock themes as well as educational content targeted at people who are brand new to trading. He also played a role in establishing Profit.ly as a place of transparency and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational tools, trade alerts and other useful stuff offered by the company’s internal gurus. Gurus are referred to the trading experts who have made substantial amounts of money through their years of knowledge. Profitly Robin Hood
At its height, Profit.ly had housed up to five gurus, all of them a pro within their particular field within the world of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, only two gurus remain on this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packages each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you will observe him focus on basic stock catalysts and employ them to anticipate the next move that is possible when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS as well as Android devices, as well as email, text and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. It costs $149.95 per month, it is a great option for those who are more invested in penny stock trading. Pennystocking Silver offers all the essential features found in earlier plans such as swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos that are updated each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Profitly Robin Hood
The Superman Alerts package is his offer of the most essential features and alerts on trading geared to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist along with the mobile app, the daily market commentary in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to an extensive base of knowledge that is provided by Superman himself through his Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. In addition, you’ll also get access to premium research reports and the IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to get you up and running. The platform has three membership levels that cater to traders at different levels. Let’s take a look at what these three are and how much they will cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the trading world. As you sign to this plan, you will be immediately offered a range of strong and essential trading tools, each of which is essential to keep your fingers on what we can describe as a cutthroat procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice program is the ability to verify trades and track profits; leading, following and even texting your fellow traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study, sort, as well as filter trades; and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive for the price alone but there’s a disadvantage. You aren’t able to create a personal profile, which makes your personal information public. If you do want to get access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to use the majority of features available in The Novice package. This plan allows that you can create a private profile for sharing with fellow associate users all the insights and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to develop their trading skills. As nice as it seems, there is one significant element that’s missing. As opposed to the prior Novice package, you won’t be able view other traders’ statistics, which could be a disadvantage for those looking forward to this tier. Profitly Robin Hood
The Pro plan is the most luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 per month, with a 22% discount for annual billing the Pro plan has it all. You will have full, unrestricted access to all the options of the prior plans.
You’re not only able to view other people’s stats, but you’re also given the chance to create an individual profile. Both of these features, in addition to the advantages you’ll be able to use to their fullest capacity. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and Leaderboards Profit.ly provides a variety of other services they offer. One of these is its online store, which lets users pick from a range of videos that are designed to educate and help you understand the ins and outs of trading. The products listed on this page of the website can be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and all other related to trading, videos and scenes of events like the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are also part of Profit.ly’s range of features and services. You may be familiar with the concept of the chat room as you will see it on social and messaging platforms as well as some specialty websites that provide live chat assistance. But on Profit.ly, it is seen as a real-time area where experts and members trade and learn in real time. Every guru has their own style in running their chat rooms and in dealing with the members there. One might be laid back and rarely active, while another may be more active and in touch in their interactions with students. Think of chat rooms as Profit.ly’s version of the forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock traders, from novices to experienced professionals. With the variety of deals it can provide it is certain to have something for all.
Newbies, for instance, can take advantage of Profit.ly’s collection of educational information available on the platform. In addition, they will be provided with videos every week and chat room tips from the in-house experts as well as their members. They’ll also be able to pick from the merchandise available from its online store for them to take wherever they go. They can also gain hands-on experiences from trading within the platform, however they’ll be able to realize that the process is a high-stakes game that shouldn’t be taken as an amusing pastime.
For the traders with decades of experience in the road, we consider Profit.ly equally suitable to them as those who are just starting. While novice traders may not be as proficient in dealing with trading issues, the pros already understand how it works along with the risky mix that it carries. Ideally, they may use Profit.ly’s array of features to their full advantage to improve their trading abilities. Like novices, they can learn from the experts as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! Trade professionals who are at an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders as a way to assist them in the ever-changing trading process. Profitly Robin Hood
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform allows traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You get to be provided with excellent lessons and tips from the in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and authentic trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at reasonable prices There is truly something for all
- Profit.ly’s bountiful stream of packages and services offered could not be enough for a lot of its customers
- As traders may opt to open any kind of trade, there’s a possibility that some of them may take advantage by cherry-picking the best trades to improve their ratings – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds because the premium customers will immediately take advantage of the numerous features the platform is able to provide
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The Final Concluding Question: Is Profit.ly Worth It?
If we could come up with the answer, it’s a ‘yes’. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally intended to be created for this reason. Instead, you need to have the ability to think with an open heart. Profitly Robin Hood
What we mean by ‘yes’ is that it is a fantastic learning tool. People who are stuck may discover Profit.ly’s variety of resources helpful when they try their best to incur lesser loss and perform better than they did before. It’s not only the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly desire to be better at trading and wish to be taught by your fellows and gurus on the way, take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Profitly Robin Hood
How can you make use of Profit.ly to publish your trades?
Profit.ly offers a trade entry portion under the My Trade section of the dashboard that lets you record your trades, verifiable or not. There are three choices:
- Linking your account to the broker of choice and import the trades from that directly
- Manually entering your trades into specified spaces and information.
- Take a photo of your transactions
How can I tell whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there is an excellent likelihood that it can be verified. This is shown by the blue check mark. If you submit it in a manual way or by taking pictures, it will be assigned as unverified.
The drawback of posting an unauthentic trade is the possibility of receiving negative feedback from friends and colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just trying to maximize profits but also to help one another learn and improve in acquiring opportunities on the stock market left and right.